28.
| (1) The financial year of the Fund shall be the calendar year. |
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| (2) The Board shall cause the books of the Fund to be balanced as on the thirty-first day of December in each year and shall before the thirtieth day of April next, cause to be prepared an income and expenditure account and a balance sheet containing a summary of the assets and liabilities of the Fund made up to the first-mentioned date, and a statement of investment of moneys of the Fund, indicating the purchase price and the market value, on the first mentioned date, of such investments. |
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| (3) The income and expenditure account and the balance sheet shall be signed by the member of the Board authorized to do so by a resolution of the Board. |
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| (4) The Auditor-General shall audit the accounts of the Scheme every year in accordance with Article 154 of the Constitution- |
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Sri Lanka Consolidated Acts